North American log export volume to Asia rose 14% in Q1, 2014
30 July 2014Log exports from Canada and the US to Asia have increased this year with the shipment from the US South being 130 % higher than in 2013 reports the North American Wood Fiber Review (NAWFR).
North American log exports to Asia over the past several years have boosted profitability for timberland owners while challenging the domestic solid wood sector mainly in northwestern US and Coastal British Columbia.
In Q1, 2014 the North American export volume was 14% higher than in Q1, 2013 and 30% more than the same quarter in 2012.
Almost 53% of the overseas exports have been shipped from the US Northwest, while 41% was from British Columbia and the remaining share of shipments were split between Alaska, California and the US South.
